Firestone NNN
For Sale
Contact for pricing
Pending
25 Indianwood Rd, Lake Orion, MI 48362
Single-tenant automotive service facility with an absolute triple-net lease and eight service bays.
Property Size6,116 SF
Days on Market142
Property Features for 25 Indianwood Rd
General Information
Standard status
Pending
Size
6,116 SF
Property subtype
Retail
Site & Location
Traffic Count
58,600 vehicles/day
Road Access
Yes
Additional Details
Service Bays
8
Building Details
Buildings
1
Tenancy
Single
Listing Agency:
The Boulder Group
(847) 562-0003
Listed By:
Randy Blankstein · License #IL 471005983
Source:
Crexi
Added: Apr 12
Changed: Aug 30
Last Checked: Aug 30 at 10:55AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Boulder Group
Investment Insights
Based on property information with market context.
This single-tenant automotive service property is a 6,116-square-foot Firestone facility developed for the occupant and scheduled for completion in Q3 2021. The building includes eight service bays equipped with state-of-the-art equipment. Its absolute triple-net lease carries a 15-year term, 5% rental escalations every five years, and no landlord responsibilities. Firestone is operated by Bridgestone, which holds an S&P A investment-grade rating.
The property is located near Indianwood Road and North Lapeer Road, also designated M-24, with reported traffic of 58,600 VPD. Nearby retailers and restaurants include Kroger, Walgreens, Ace Hardware, Buffalo Wild Wings, and Jersey Mike’s Subs. The site is less than one mile from Lake Orion and is within a five-mile population of 61,622 with an average annual income of $126,188.
The property is located near Indianwood Road and North Lapeer Road, also designated M-24, with reported traffic of 58,600 VPD. Nearby retailers and restaurants include Kroger, Walgreens, Ace Hardware, Buffalo Wild Wings, and Jersey Mike’s Subs. The site is less than one mile from Lake Orion and is within a five-mile population of 61,622 with an average annual income of $126,188.
Key Highlights
- 6,116‑square‑foot Firestone facility with eight automotive service bays
- Absolute triple‑net lease with a 15‑year term
- 5% rental escalations every five years
Property Analytics
Property Profile
Current Use
Lease Details
8
Service bays
58,600 VPD
Traffic count
Single-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
544
Businesses Nearby
98k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 40%
Shops & Services 25%
Dining 24%
Home Improvements & Furnishings 8%
Kroger
Groceries
38,682 visits/mo
0.1 miles
Buffalo Wild Wings
Dining
11,108 visits/mo
0.2 miles
Great Lakes Ace Hardware
Home Improvements & Furnishings
7,844 visits/mo
0.1 miles
Hallmark
Shops & Services
7,722 visits/mo
0.1 miles
AutoZone
Shops & Services
5,681 visits/mo
0.4 miles
Demographics for 48362, MI
15,001
Population
6,428
Households
2.3
Avg Household Size
42
Median Age
44%
College-Educated
98%
High-School Grad
10.1 sq mi
ZIP Area
1,485
Density / Sq Mi
$108,667
Median Household Income
$51,826
Median Earnings
$1,095
Median Rent
$313,600
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Single-tenant automotive service facility with an absolute triple-net lease and eight service bays.
Where is this nnn property located?
The property is located at 25 Indianwood Rd Lake Orion, MI.
What are key features of this property?
This property features: 6,116‑square‑foot Firestone facility with eight automotive service bays; Absolute triple‑net lease with a 15‑year term; 5% rental escalations every five years
